At least one US Immigration law firm cites the Immigration and Nationality Act (INA) section 212(a)(6)(C)(i):
"The result of fraud findings is that such individuals are
inadmissible to the United States. These applicants are not allowed to
enter the U.S. or adjust status to permanent residence. "
It's worth reading their whole page on the subject.
Many people claim that they were misguided by lawyers, consultants or immigration agencies, however, ultimate the onus is on the individual.
Does this mean you have no hope? There is a slim chance:
In limited circumstances, waivers are available as a way to obtain
forgiveness for the fraud or misrepresentation, and to allow entry to
the U.S. These waivers are available in both the nonimmigrant
(temporary) and immigrant (permanent) context. However, such waivers
are highly discretionary and can be difficult to obtain.